CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
REVENUES
Base management fees	$ 180	$ 170	$ 538	$ 526
Franchise fees	250	227	692	652
Incentive management fees	81	68	276	238
Owned, leased, and other revenue	279	229	771	729
Cost reimbursements	3,152	2,884	9,339	8,635
Revenues	3,942	3,578	11,616	10,780
OPERATING COSTS AND EXPENSES
Owned, leased, and other - direct	194	175	533	552
Reimbursed costs	3,152	2,884	9,339	8,635
Depreciation, amortization, and other	36	31	97	107
General, administrative, and other	161	149	470	446
Merger-related costs and charges	228	0	250	0
Costs and Expenses, Total	3,771	3,239	10,689	9,740
OPERATING INCOME	171	339	927	1,040
Gains and other income, net	3	0	3	20
Interest expense	(55)	(43)	(159)	(121)
Interest income	9	5	22	19
Equity in earnings	3	8	8	13
INCOME BEFORE INCOME TAXES	131	309	801	971
Provision for income taxes	(61)	(99)	(265)	(314)
NET INCOME	$ 70	$ 210	$ 536	$ 657
EARNINGS PER SHARE
Earnings per share - basic (in USD per share)	$ 0.26	$ 0.80	$ 2.08	$ 2.43
Earnings per share - diluted (in USD per share)	0.26	0.78	2.04	2.38
CASH DIVIDENDS DECLARED PER SHARE (in USD per share)	$ 0.30	$ 0.25	$ 0.85	$ 0.70